Requires decommissioned nuclear power facility to pay annual community service payment in lieu of property taxes.

This bill requires owners of decommissioned nuclear power plants containing unremoved spent nuclear fuel to make annual "community service payments" instead of property taxes. The payments start at the amount the plant owner paid in its last operational tax year, increasing by 2% each year, and are due annually by August 1. The municipality keeps the portion for local services and forwards the school district share within five business days. Payments continue until the spent nuclear fuel is safely removed, at which point the property returns to standard property tax assessment. The bill directly affects nuclear plant owners and supports local municipalities and school districts that lose tax revenue when plants become tax-exempt.